GBP/USD is attempting a recovery wave above the 1.2500 resistance. EUR/GBP is consolidating and might aim for a fresh increase above 0.8320. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting Read more…
Market Picture The crypto market has been on the rise since the beginning of the year. The 1.25% gain on the last day brought the gain since the beginning of January to 10%. At the Read more…
Daily Pivots: (S1) 1.0273; (P) 1.0291; (R1) 1.0328; More… Intraday bias in EUR/USD remains neutral and some more consolidations could be seen above 1.0223. But further decline remains in favor as long as 1.0457 resistance Read more…
Daily Pivots: (S1) 1.2440; (P) 1.2495; (R1) 1.2576; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen above 1.2352. But further decline remains in favor as long as 1.2606 resistance holds. Read more…
Daily Pivots: (S1) 0.9001; (P) 0.9053; (R1) 0.9097; More… Intraday bias in USD/CHF remains neutral and more consolidations could be seen below 0.9136. But further rally is expected as long as 0.8956 resistance turned support Read more…
Daily Pivots: (S1) 156.61; (P) 157.28; (R1) 158.33; More… Intraday bias in USD/JPY is back on the upside with breach of 158.06. Current rally from 139.57 is resuming to 61.8% projection of 139.57 to 156.74 Read more…
Dollar remains under some pressure as markets digest conflicting signals about the trade policy direction of the incoming Trump administration. President-elect Donald Trump dismissed media reports suggesting a sector-specific tariff plan as “fake news” but Read more…
Swiss CPI fell -0.1% mom in December, matched expectations. Core CPI (excluding fresh and seasonal products, energy and fuel) was unchanged for the month. Domestic products prices rose 0.1% mom while imported products prices fell Read more…
Markets Trump’s (trade) policy ruffled markets yesterday, underscoring the importance of politics under a second term of the former POTUS. The Washington Post citing three people familiar with the matter ran an article saying Trump’s Read more…
Early year worries that the AI rally would fizzle out were rapidly wiped out at the start of this week by Microsoft’s announcement to be willing to spend $80bn on data centers – which pushed Read more…